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Hagerty partnered with Barrett-Jackson ING Group partnered with bolttech Protect My Let partnered with Addept Insurance Services Addept Insurance Services partnered with Salvation Army General Insurance Ageas UK partnered with Wrisk Cleerly Mortgages picks Acre in Admin Leavitt Group picks FurtherAI in Admin Fortitude Re raised $500M Crédit Agricole Assurances raised $866.15M KOBAN SÜDVERS picks CyberCube in Risk Mitigation AIG picks Poetic in Underwriting Elpha Secure picks Ketch in Risk Mitigation Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M Chubb raised $574.2M

Cleerly Mortgages selects Acre as CRM platform

By Shefi Ben-Hutta

Acre, which was acquired by ClearScore, has raised $14.6 million from investors including Aviva Ventures, Founders Factory, McPike Global Family Office, and Sesame Bankhall Group.

Financials

One80 Intermediaries acquires Waypoint Underwriting Management

By Gabriella Ben-Hutta ·

Waypoint Underwriting Management specializes in accident and health, workers’ compensation, property and casualty reinsurance.

Business

Porsche Auto Insurance introduces new Unlimited Policy

By Gabriella Ben-Hutta ·

The new product is designed for Porsche owners who drive over 10,000 miles a year.

Business

Grange Insurance names Nicole Carter VP, PL Sales & Strategic Distribution

By Gabriella Ben-Hutta ·

Carter has nearly 30 years of experience in the insurance industry.

Technology

NGL launches dedicated funeral home support service

By Coverager ·

The service is designed to assist funeral home directors and staff with claims filing, policy inquiries, and other operational needs.

Strategy

Ironwood Warranty Group adds ServeCo North America to client roster

By Gabriella Ben-Hutta ·

ServeCo North America is a provider of extended service contract programs and related services for furniture and mattress retailers.

Product

New York Marine launches cyber suite 2.0

By Coverager ·

Coverage is targeted at small and medium-sized businesses.

Business

Legal & General announces board changes

By Coverager ·

These changes align with Legal & General’s growth objectives and focus on strategic oversight.

Business

Experian acquires Audigent

By Coverager ·

This move builds on Experian’s acquisition of Tapad in 2020.

Strategy

Upbound Group to acquire Brigit for up to $460 Million

By Shefi Ben-Hutta ·

Brigit will operate as a segment of Upbound, retaining its brand, New York headquarters, and leadership under co-founders Zuben Mathews and Hamel Kothari.

Product

Tango excess insurance program to be backed by SiriusPoint

By Shefi Ben-Hutta ·

Tango Specialty is a commercial lines MGA with a team of nearly 50 people, according to LinkedIn. Last year, it raised $1.3 million from Pelican Ventures.

Technology

QuickFacts expands comparisons platform with hobby farm insurance

By Coverager ·

Brokers can now provide tailored recommendations, streamlining the process for hobby farm owners seeking comprehensive coverage.

Innovation

SBLI appoints Wade Seward as chief distribution officer

By Coverager ·

Seward will oversee SBLI’s Independent Distribution and Direct Sales efforts and will drive expansion into new broker, partner, and producer opportunities.

Product

RSA launches protection for climate professionals

By Coverager ·

The product is available through RSA's Regions business, catering to brokers and their clients.

Technology

CyberCube partners with HUB International

By Coverager ·

HUB will leverage CyberCube's Broking Manager software

Product

Allstate to end Virginia motorhome coverage

By Coverager ·

As of November 19, 2024, Allstate Property and Casualty Insurance Company has 601 Motorhome policies in force.

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